Tag #Services Trade

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usa.chinadaily.com.cn

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Sep 12, 10:19

China to Pilot WTO E-commerce Initiative Amidst Global Services Trade Challenges

China will pilot the World Trade Organization's E-commerce Joint Statement Initiative (JSI) in Beijing, aiming to promote digital trade rules and address global services trade imbalances exacerbated by geopolitical tensions and resource constraints.

China to Pilot WTO E-commerce Initiative Amidst Global Services Trade Challenges

China will pilot the World Trade Organization's E-commerce Joint Statement Initiative (JSI) in Beijing, aiming to promote digital trade rules and address global services trade imbalances exacerbated by geopolitical tensions and resource constraints.

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What are the potential long-term implications of this pilot program for China and the global services trade?

Successful implementation in Beijing could lead to nationwide adoption of the JSI, boosting China's services trade and influencing global digital trade rules. This could enhance China's global economic standing and contribute to a more balanced and inclusive global services trade system.

usa.chinadaily.com.cn

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Jul 25, 04:12

China-EU Digital Trade FTA: Potential Benefits and Significant Challenges

A potential China-EU free trade agreement on digital and services trade offers substantial mutual benefits but faces challenges due to differing regulations, data protection concerns, and the complexities of a mixed agreement requiring both EU and national approvals; China's cross-border e-commerce ...

China-EU Digital Trade FTA: Potential Benefits and Significant Challenges

A potential China-EU free trade agreement on digital and services trade offers substantial mutual benefits but faces challenges due to differing regulations, data protection concerns, and the complexities of a mixed agreement requiring both EU and national approvals; China's cross-border e-commerce ...

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What are the immediate economic benefits and challenges of a comprehensive China-EU FTA on digital and services trade?

A deep China-EU free trade agreement (FTA) on digital and services trade could significantly benefit both sides, boosting growth and market access. However, challenges remain due to differing regulatory approaches, data protection concerns, and the complexity of a "mixed agreement" requiring both EU and national approvals.

africa.chinadaily.com.cn

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Jul 25, 07:14

China-EU Digital Trade FTA: Potential Benefits and Significant Obstacles

A potential China-EU free trade agreement (FTA) on digital and services trade offers substantial mutual economic benefits, such as access to China's large digital market and streamlined data governance, but faces significant obstacles due to differing regulatory strategies, geopolitical interests, a...

China-EU Digital Trade FTA: Potential Benefits and Significant Obstacles

A potential China-EU free trade agreement (FTA) on digital and services trade offers substantial mutual economic benefits, such as access to China's large digital market and streamlined data governance, but faces significant obstacles due to differing regulatory strategies, geopolitical interests, a...

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What are the key regulatory and political obstacles hindering the creation of a deep China-EU FTA in digital and services trade?

The benefits stem from lowered economic costs for businesses navigating fragmented regulations. A joint regulatory initiative would streamline data governance, offering more leverage internationally than separate efforts. However, differing regulatory approaches and geopolitical concerns pose significant challenges.

kathimerini.gr

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Feb 12, 10:11

Greece Improves OECD Services Trade Ranking Amidst Deregulation

Greece's ranking on the OECD Services Trade Restrictiveness Index improved from 43rd to 40th in 2024 due to policy changes such as extending visa durations for foreign service providers and eliminating experience requirements for certain roles, exceeding the OECD average of 0.19 with a score of 0.23...

Greece Improves OECD Services Trade Ranking Amidst Deregulation

Greece's ranking on the OECD Services Trade Restrictiveness Index improved from 43rd to 40th in 2024 due to policy changes such as extending visa durations for foreign service providers and eliminating experience requirements for certain roles, exceeding the OECD average of 0.19 with a score of 0.23...

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How does Greece's performance compare to other OECD countries, and what factors explain the differences?

Greece's advancement reflects deregulation efforts, including extending visa durations for foreign service providers to 36 months and eliminating experience requirements for certain roles. These changes, along with the creation of a credit registry, contributed to a more open market for services.

africa.chinadaily.com.cn

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Feb 3, 07:08

China's Services Trade Surpasses \$1 Trillion in 2024

China's 2024 services trade exceeded \$1 trillion for the first time, growing 14.4 percent year-on-year to 7.5 trillion yuan (\$1.05 trillion), driven by tourism boosted by relaxed visa policies and the global success of Chinese digital content, indicating significant potential for further growth an...

China's Services Trade Surpasses \$1 Trillion in 2024

China's 2024 services trade exceeded \$1 trillion for the first time, growing 14.4 percent year-on-year to 7.5 trillion yuan (\$1.05 trillion), driven by tourism boosted by relaxed visa policies and the global success of Chinese digital content, indicating significant potential for further growth an...

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What is the significance of China exceeding \$1 trillion in annual services trade for the first time?

In 2024, China's services trade topped \$1 trillion for the first time, a 14.4 percent increase year-on-year to 7.5 trillion yuan. This surge was driven by increased exports (up 18.2 percent) and imports (up 11.8 percent).

global.chinadaily.com.cn

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Dec 17, 04:10

CIFTIS London Roadshow Promotes 2025 Fair, Underscoring Sino-British Economic Ties

The China International Fair for Trade in Services (CIFTIS) held a London roadshow on Friday, September 29, 2024, to promote its 2025 edition, attracting over 60 UK delegates; the 2024 fair concluded in September with over 2,000 participating enterprises (20% international) and 1,000 practical outco...

CIFTIS London Roadshow Promotes 2025 Fair, Underscoring Sino-British Economic Ties

The China International Fair for Trade in Services (CIFTIS) held a London roadshow on Friday, September 29, 2024, to promote its 2025 edition, attracting over 60 UK delegates; the 2024 fair concluded in September with over 2,000 participating enterprises (20% international) and 1,000 practical outco...

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How did the 2024 CIFTIS contribute to the China-UK economic partnership, and what were its key outcomes?

CIFTIS serves as a key platform for Sino-British economic cooperation, with the UK's participation significantly increasing in recent years. The strong bilateral trade relationship (over £110 billion annually) and investment (over £130 billion) underscore the mutual benefits of this partnership, contributing to economic development in both countries. This demonstrates the importance of CIFTIS in fostering international collaboration.

spanish.china.org.cn

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Aug 12, 13:18

CIFTIS 2025: China Showcases Growing Service Sector Amidst Global Trade Shifts

The 2025 China International Fair for Trade in Services (CIFTIS), held in Beijing from September 10th to 14th, attracted nearly 70 countries and organizations, with Australia as the guest country, showcasing over 130 new products and achievements in AI, fintech, and other fields, reflecting China's ...

CIFTIS 2025: China Showcases Growing Service Sector Amidst Global Trade Shifts

The 2025 China International Fair for Trade in Services (CIFTIS), held in Beijing from September 10th to 14th, attracted nearly 70 countries and organizations, with Australia as the guest country, showcasing over 130 new products and achievements in AI, fintech, and other fields, reflecting China's ...

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What is the significance of the 2025 CIFTIS in the context of global service trade and China's economic strategy?

The 2025 China International Fair for Trade in Services (CIFTIS), held in Beijing from September 10-14, saw participation from nearly 70 countries and international organizations. Australia is the guest country, sending a large delegation of nearly 60 institutions and companies. Over 70 companies showcased over 130 new products and achievements, demonstrating China's growing services sector.

europe.chinadaily.com.cn

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Jul 25, 04:12

China-EU Digital Trade FTA: Potential Benefits and Significant Challenges

A potential China-EU free trade agreement (FTA) on digital and services trade offers significant mutual economic benefits, including access to China's vast digital market for the EU and advancements in AI for China; however, the feasibility is constrained by differing regulatory strategies, approach...

China-EU Digital Trade FTA: Potential Benefits and Significant Challenges

A potential China-EU free trade agreement (FTA) on digital and services trade offers significant mutual economic benefits, including access to China's vast digital market for the EU and advancements in AI for China; however, the feasibility is constrained by differing regulatory strategies, approach...

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What are the immediate economic benefits of a comprehensive China-EU FTA on digital and services trade for both sides?

A potential China-EU FTA on digital and services trade could significantly boost both economies. For the EU, access to China's large digital market (second largest globally, with $378 billion in cross-border e-commerce in 2024) offers substantial growth. Meanwhile, China could benefit from eased data flow rules, fostering its AI development and leadership in global data governance.

europe.chinadaily.com.cn

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Jul 17, 10:14

China's Services Trade Booms, Reaching $453 Billion in 2025

China's services trade grew 7.7 percent to $453 billion in the first five months of 2025, driven by tourism, digital services, and finance, reflecting a shift toward innovation and international cooperation, with companies like Club Med and Schneider Electric capitalizing on these trends.

China's Services Trade Booms, Reaching $453 Billion in 2025

China's services trade grew 7.7 percent to $453 billion in the first five months of 2025, driven by tourism, digital services, and finance, reflecting a shift toward innovation and international cooperation, with companies like Club Med and Schneider Electric capitalizing on these trends.

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What is the immediate economic impact of China's expanding services trade, and how does this affect global economic trends?

China's services trade surged 7.7 percent year-on-year to $453 billion in the first five months of 2025, driven by growth in digital services, finance, and tourism. This expansion reflects a broader shift toward innovation-driven growth and increased international cooperation.

usa.chinadaily.com.cn

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Feb 3, 07:08

China's Services Trade Surpasses \$1 Trillion in 2024

China's 2024 services trade topped \$1 trillion, a 14.4 percent rise year-on-year, driven by tourism fueled by relaxed visa policies and the global popularity of Chinese digital content, exceeding expectations and setting a new record.

China's Services Trade Surpasses \$1 Trillion in 2024

China's 2024 services trade topped \$1 trillion, a 14.4 percent rise year-on-year, driven by tourism fueled by relaxed visa policies and the global popularity of Chinese digital content, exceeding expectations and setting a new record.

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How did government policies and initiatives contribute to the growth of China's services trade in 2024?

The expansion of China's services trade is linked to several key factors: a relaxed visa policy boosting tourism (the 'China Travel' trend), the international success of Chinese digital content (e.g., Black Myth: Wukong), and supportive government policies promoting high-quality development and opening up.

europe.chinadaily.com.cn

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Feb 3, 07:08

China's Services Trade Surpasses \$1 Trillion

In 2024, China's services trade hit \$1.05 trillion, a 14.4 percent year-on-year increase driven by tourism boosted by relaxed visa policies and the global popularity of Chinese digital content, signaling enhanced international competitiveness.

China's Services Trade Surpasses \$1 Trillion

In 2024, China's services trade hit \$1.05 trillion, a 14.4 percent year-on-year increase driven by tourism boosted by relaxed visa policies and the global popularity of Chinese digital content, signaling enhanced international competitiveness.

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What are the key factors contributing to China's record-high services trade exceeding \$1 trillion in 2024?

China's services trade surpassed \$1 trillion in 2024, a 14.4 percent increase year-on-year. This growth was driven by factors including increased tourism due to relaxed visa policies and the global popularity of Chinese digital content. The expansion signifies China's rising international competitiveness in the services sector.

usa.chinadaily.com.cn

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Dec 17, 04:10

CIFTIS Promotes 2025 Fair in London, Underscoring Strong Sino-British Economic Ties

A London roadshow promoted the 2025 China International Fair for Trade in Services (CIFTIS), highlighting the 2024 fair's success with over 2,000 participating enterprises (20% international) and 1,000 practical outcomes, showcasing strong Sino-British economic ties exceeding \$139 billion in annual...

CIFTIS Promotes 2025 Fair in London, Underscoring Strong Sino-British Economic Ties

A London roadshow promoted the 2025 China International Fair for Trade in Services (CIFTIS), highlighting the 2024 fair's success with over 2,000 participating enterprises (20% international) and 1,000 practical outcomes, showcasing strong Sino-British economic ties exceeding \$139 billion in annual...

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What are the immediate economic implications of CIFTIS's London roadshow and the success of the 2024 fair for both China and the UK?

The China International Fair for Trade in Services (CIFTIS) held a London roadshow on Friday, promoting its 2025 edition to over 60 UK business delegates from trade, finance, and technology sectors. The 2024 fair attracted over 2,000 enterprises, with over 20 percent being international, resulting in approximately 1,000 practical outcomes.

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